Thursday, February 16, 2012

Olympus arrested

  • TOKYO (Reuters) - Four months after one of Japans biggest corporate scandals, police and prosecutors on Thursday arrested seven men, including the former president of Olympus Corp and ex-bankers, over their role in a $1.
  • (Yahoo Finance)
  • Three former executives at Olympus Corp. (7733), including former Chairman Tsuyoshi Kikukawa, and four others were arrested for suspected violation of the Financial Instruments and Exchange Act.
  • (Bloomberg)
  • TOKYO—Tokyo prosecutors on Thursday arrested three former Olympus Corp. executives, including former Chairman Tsuyoshi Kikukawa, and a former broker who worked for Olympus over their alleged role in the companys $1.
  • (Wall Street Journal)
  • Feb. 16 (Bloomberg) -- Former Olympus Corp. Chairman Tsuyoshi Kikukawa was arrested by Japanese prosecutors investigating his part in a $1.7 billion accounting fraud, Kyodo News reported, without citing anyone.
  • (Washington Post)
  • Japanese prosecutors have confirmed the former president of camera-maker Olympus has been arrested in one of the countrys biggest ever financial scandals.
  • (Australia Network News)
  • Three former Olympus executives - including former chairman Tsuyoshi Kikukawa - have been arrested in Tokyo, according to Japanese media.
  • (RTE Online)
  • Three former executives of Japans disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
  • (International Business Times)
  • Three former executives of Japans disgraced Olympus Corp face possible arrest this week over their role in a $1.7 billion accounting fraud at the maker of medical equipment and cameras, Japanese media said on Thursday.
  • (International Business Times)
  • In Tokyo, reports said Tsuyoshi Kikukawa, the former president of scandal-wracked Olympus, had been arrested over the camera and medical equipment maker's financial cover-up — a scandal that hammered its shares.
  • (Global Nation)

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